Enel Forms Partnership with Cisco Systems

Published: Jul 12 2017
Deal Summary

Enel S.p.A., an energy group that produces, distributes and trades electricity and natural gas, has signed a memorandum of understanding with Cisco Systems, Inc. (Cisco), a technology services provider, to develop innovative digital solutions in the energy sector.

Cisco and Enel will be developing solutions to increase the level of digitization and innovation in the energy generation and distribution processes, and to make new services available according to the paradigms introduced by the Internet of Things and cybersecurity. For the cybersecurity solutions, the two companies will concentrate on protecting the systems and the technological components relevant to the delivery of energy services. The aim is to fully leverage the potential of telecommunications technology, IT security and the Internet of Things to create new services and a smart grid that is even more secure, intelligent and reliable for serving Italy’s needs.

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